Country for PR: United States
Contributor: PR Newswire New York
Thursday, September 08 2022 - 01:03
AsiaNet
Volvo Financial Services Invests in Financial Literacy Programs for Youth through Partnership with JA Worldwide
GREENSBORO, N.C., Sept. 7, 2022 /PRNewswire-AsiaNet/ --

Volvo Financial Services (VFS) today announced that it is investing in the 
teaching of financial literacy skills for youth in nine countries through a 
global partnership with Junior Achievement Worldwide. The partnership will see 
VFS employee volunteers join with JA educators to equip the next generation 
with the financial skills and knowledge needed for success and self-sufficiency 
in the future. Individual programs in the nine countries begin this month.

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"Today's young people are tomorrow's leaders, and we want to do our part to 
ensure they have the skills needed to make sound financial decisions as they 
mature into adulthood," said VFS President Marcio Pedroso. "We are proud to 
partner with JA to combine our financial know-how with their educational 
expertise and help make an impact in the lives of children across the globe."

VFS employee volunteers will partner with JA educators in Brazil, France, 
India, Italy, Peru, South Africa, Spain, the United Kingdom and the United 
States in communities where VFS employees live and work. Together, they will 
teach young people a number of important financial skills, including setting 
personal financial goals, developing a savings plan and how to budget 
effectively. Participating youth will also have a chance to learn firsthand 
about careers in the transportation and equipment industries that VFS serves.

The investment is fully aligned with the Volvo Group's overall sustainability 
ambitions, which include a commitment to all 17 of the United Nations 
Sustainable Development Goals (SDGs). Developing strong financial literacy 
skills will have a positive impact on several SDGs, including helping end 
poverty, supporting quality education, empowering women and girls, and more.

"We are grateful for partners like Volvo Financial Services that share our 
mission and take responsibility for ensuring more young people access the 
quality learning experiences they need and deserve," said Asheesh Advani, CEO 
of JA Worldwide. "By providing young people access to financial literacy 
education, we can help them navigate toward a financially healthy future."

JA is a global leader in youth development, with a focus on financial literacy, 
workforce readiness and entrepreneurship. Reaching more than 12 million young 
people annually, JA Worldwide delivers hands-on, immersive learning in work 
readiness, financial health, entrepreneurship, sustainability, STEM, economics, 
citizenship, ethics and more.

Volvo Financial Services is the captive finance arm of the Volvo Group, 
providing financial services and solutions that meet the needs of our customers 
today and into the future. Dedicated to innovation, VFS is supporting society 
in its adoption of sustainable transport and equipment solutions. VFS is 
headquartered in Greensboro, North Carolina, USA, and serves Volvo Group 
customers and dealers in about 50 markets. For more information, please visit 
www.volvofinancialservices.com or follow us on LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3640591-1&h=2138519655&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fvolvo-financial-services&a=LinkedIn 
).

The Volvo Group drives prosperity through transport and infrastructure 
solutions, offering trucks, buses, construction equipment, power solutions for 
marine and industrial applications, financing and services that increase our 
customers' uptime and productivity. Founded in 1927, the Volvo Group is 
committed to shaping the future landscape of sustainable transport and 
infrastructure solutions. The Volvo Group is headquartered in Gothenburg, 
Sweden, employs almost 95,000 people and serves customers in more than 190 
markets. In 2021, net sales amounted to SEK 372 billion (EUR 37 billion). Volvo 
shares are listed on Nasdaq Stockholm.

SOURCE Volvo Financial Services

CONTACT: Christopher Heffner, Director, Corporate Communications, Volvo 
Financial Services, christopher.heffner@volvo.com, +1-336-662-1615
Translations

Japanese